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>> certainly i think sandy changed things. it let the president be president. >> it changed the subject from benghazi. >> i would also say this race was more of a referendum in some way on mitt romney than it was the president, and that's unusual -- >> does your side -- i know you're a true believer and i respect that. do you think -- i mean it. do you think they didn't really believe he believed? >> no, i don't think that was the problem. i think the bigger problem was two things. they never personally kented with him. they never felt this attachment and they didn't see him as -- >> personal. >> skekd of all, i think we failed middle income blue collar voters who feel we no longer understand their life, no longer are fighting daily for them, and they think what we're about are just the social issues and fighting for tax breaks for the wealthy. that's not what we're about, but we sure let that perception happen. >> my dad is a regular republican, not a right winger. he used to say the trouble with my party is they care about t
>> certainly i think sandy changed things. it let the president be president. >> it changed the subject from benghazi. >> i would also say this race was more of a referendum in some way on mitt romney than it was the president, and that's unusual -- >> does your side -- i know you're a true believer and i respect that. do you think -- i mean it. do you think they didn't really believe he believed? >> no, i don't think that was the problem. i think the bigger...
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and outrage as victims of sandy discover there are places for them to stay, but nobody told them. >>> as a burn survivor, you think you're all alone. you think you're the only person that has scars on your face or has, you know, skin graphs on your hands. we all have a story. i joined the united states army in 2002 and deployed to iraq. i was driving a humvee and when my friend went over a land mine i was in a medically induced coma. by the time i came out third degree burns on my head, face, arms, hands, portion of my back, portion of my legs. while i was recovering, i remember asking one of the social workers how can i help burn survivors. she said there's a great organization called the phoenix society. they're teaching them different ways to kind of cope. i went to this conference. everyone had big smiles on their face. i made a choice i was going to be positive every single day. and i'm using this positivity to give back to other people. >> please welcome a former u.s. army soldier and ins frags i prags to all of us and i hear he's a good dancer, j.r. martinez. >> i got involved
and outrage as victims of sandy discover there are places for them to stay, but nobody told them. >>> as a burn survivor, you think you're all alone. you think you're the only person that has scars on your face or has, you know, skin graphs on your hands. we all have a story. i joined the united states army in 2002 and deployed to iraq. i was driving a humvee and when my friend went over a land mine i was in a medically induced coma. by the time i came out third degree burns on my...
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lastly, obviously all of us know that sandy visited the -- hurricane sandy visited extraordinary damage on a large portion of the northeast. i come from maryland and we were not very substantially damaged but obviously new jersey, new york, and connecticut in particular, can the gentleman tell me, i know the administration has -- administration has not come down with a number that number i presume will be well north of $50 billion, but this is one of , in terms of the estimates being made, one of the five most damaging storms to hit the coast of the united states of america. i'm wondering whether or not the gentleman might have in mind doing some interim at a figure substantially below what we know will be the ultimate figure and in the next three weeks before christmas and then could the gentleman tell me whether or not if we can do that, whether or not the gentleman would require that it be offset and i yield to my friend. mr. cantor: madam speaker, i tell my friend that the best policy is to rely on the administration and fema to come up with the most accurate prediction of what the
lastly, obviously all of us know that sandy visited the -- hurricane sandy visited extraordinary damage on a large portion of the northeast. i come from maryland and we were not very substantially damaged but obviously new jersey, new york, and connecticut in particular, can the gentleman tell me, i know the administration has -- administration has not come down with a number that number i presume will be well north of $50 billion, but this is one of , in terms of the estimates being made, one...
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it has been more than a month since hurricane sandy devastated the community. many residents were sleeping in their cars and braving the temperatures here. we have more from a fox affiliate wnyw. reporter: scott mcgrath, his anger was clear. he was one of many people at this packed meeting. a meeting that quickly became a shouting match. [cheers] [inaudible conversations] reporter: the president who organized the meeting tried to keep order. it was supposed to ask questions written on cards. but that changed when people shouted from the floor, frustrated that the questions were not being answered. >> the air quality is bad and what can you do about it? >> this gentleman has been living in a tent. it was set up by the midland avenue neighborhood believed. >> we cannot go anywhere. i don't know what's going on or. reporter: nakoula the same question. she said that her new home with the story that. >> our communities are helping. red cross comes by. we help each other. that's what we want to do, but we need your support, sir. reporter: the new york city officials
it has been more than a month since hurricane sandy devastated the community. many residents were sleeping in their cars and braving the temperatures here. we have more from a fox affiliate wnyw. reporter: scott mcgrath, his anger was clear. he was one of many people at this packed meeting. a meeting that quickly became a shouting match. [cheers] [inaudible conversations] reporter: the president who organized the meeting tried to keep order. it was supposed to ask questions written on cards....
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one of the reasons was superstorm sandy affected business. so they're off to a slow start for the current quarter. as for the third quarter just wrapped up, really solid numbers. profits rose by 57% in q3. they raised their numbers for the full year but genesco obviously a big loser today. back to you. melissa: thanks so much, lauren. lori: president obama finally lit up his plan for avoiding the fiscal cliff. melissa is fully in favor of it. but republicans are not taking the bait. peter barnes is with us in d.c.. >> speakser boehner was back out in front ever the cameras the last hour splam slamming the president's proposal yet again but willing to move forward in good faith to reach a deal to avoid the fiscal cliff. >> there's a stalemate. let's not kid ourselves. i'm not trying to make this more difficult but if you watched me over the last three weeks i've been very guarded what i have to say. i don't want to make it harder for me or the president or members of both parties to be able to find common ground. >> as you recall the president
one of the reasons was superstorm sandy affected business. so they're off to a slow start for the current quarter. as for the third quarter just wrapped up, really solid numbers. profits rose by 57% in q3. they raised their numbers for the full year but genesco obviously a big loser today. back to you. melissa: thanks so much, lauren. lori: president obama finally lit up his plan for avoiding the fiscal cliff. melissa is fully in favor of it. but republicans are not taking the bait. peter...
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handing out $100 bills to people suffering from super storm sandy, calling himself a secret santa. the businessman plans to give out $100,000 in new york and new jersey. god bless him. >>> and nypd police officer hair re deprimo is getting a lot of attention for all good reasons for buying a homeless man a pair of boots. he was on the "today" show this morning. >> the two things that stick out in my mind that night, how cold it was and this was the most polite gentleman i had met and i had to help him. >> after another week of budget negotiations, the message to the nation seems to be we are stuck at square one and that is one of the problems for the obama administration. joining me here in the studio is mark landher white house correspondent for "the new york times." margaret carlson for the bloomberg view and national correspondent chris. thank you very much for being with us. we could use officer deprimo to solve some of the budget problems, christmas spirit and the powerball couple from missouri, amazing couple who one was laid off, the other just finally got a job and now they
handing out $100 bills to people suffering from super storm sandy, calling himself a secret santa. the businessman plans to give out $100,000 in new york and new jersey. god bless him. >>> and nypd police officer hair re deprimo is getting a lot of attention for all good reasons for buying a homeless man a pair of boots. he was on the "today" show this morning. >> the two things that stick out in my mind that night, how cold it was and this was the most polite gentleman...
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Nov 30, 2012
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this is not sandy number 2. we can fix it. the stock market is not just the united states. take a company like coca-cola, 80% of sales outside this country and finally even if we were to go off of the cliff there are long-term benefits and a lower deficit so at the end of the david as a long-term rise in, properly diversified state of course. cheryl: japanese stocks and aig, a stock that has run up 39% over the last year despite government issues and government involvement you're sticking with a ig. want to recommend that going into a cliff discussion. >> there is nothing about sandy and recent events that would cause anyone not to renew their property and cash will policy. no matter what happens to the economy people will pay that insurance, it is the dominant provider trading 40% off of book value. the concern is government over hang but the government will get out quickly now that the election is past, once morsi 8 is off of the job the new guy is going to say now we can sell the losses on tim geithner's books and so i like aig for the long term. cheryl: whoever is the n
this is not sandy number 2. we can fix it. the stock market is not just the united states. take a company like coca-cola, 80% of sales outside this country and finally even if we were to go off of the cliff there are long-term benefits and a lower deficit so at the end of the david as a long-term rise in, properly diversified state of course. cheryl: japanese stocks and aig, a stock that has run up 39% over the last year despite government issues and government involvement you're sticking with...
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they lost everything in superstorm sandy. now people in staten island are getting major boost. a secret santa visiting them and handing out hundred dollar bills. more on that coming up. >>> also an anchor over on msnbc portraying senator john mccain as a racist for his criticism of u.n. ambassador susan rice. our news watch team, judith miller and kirsten powers, next with more thoughts on that. jenna: there it is, sorry about that. we're getting breaking news out of casper, wyoming, there's a community college there, casper college, and the lotters indicate that -- reports indicate there was a shooting on campus. one dead, one wounded according to local reports. a college spokesperson saying at the time that he believes, according to what from police, that the shooter is dead. we're still trying to work out, again, some of these new reports just into the newsroom of one dead, one wounded at this community college in casper, wyoming. as we hear more, we will bring you this breaking news. jon? jon: new questions out there, jenna, about racism after a television anchor goes on a
they lost everything in superstorm sandy. now people in staten island are getting major boost. a secret santa visiting them and handing out hundred dollar bills. more on that coming up. >>> also an anchor over on msnbc portraying senator john mccain as a racist for his criticism of u.n. ambassador susan rice. our news watch team, judith miller and kirsten powers, next with more thoughts on that. jenna: there it is, sorry about that. we're getting breaking news out of casper, wyoming,...
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important because the melting is causing sea levels to rise, and that makes coastal storms, say superstorm sandy, worse because of the massive flooding that's caused. [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ♪ ...could end with adding a close friend. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. with his wife, danielle, almost every weekend. derrell hasn't been able to visit his mom back east in a long time. [ shirley ] things are sometimes a little tight around the house. i wasn't able to go to the wedding. [ emily jo ] since derrell couldn't get home, we decided to bring home to him and then just gave him a little bit of help finding his way. ♪ [ laughs ] [ applause ] i love you. i love you, too. >>> to politics now where u.n. ambassador susan rice is not just under fire over what she said about benghazi. now "the washington post" states her and her husband do business in iran. $50,000 is in royal dutch shell, an oil company that stopped buying from iran thi
important because the melting is causing sea levels to rise, and that makes coastal storms, say superstorm sandy, worse because of the massive flooding that's caused. [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ♪ ...could end with adding a close friend. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. with his wife, danielle, almost every weekend. derrell hasn't been...
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we also provided about 40,000 toys to the victims of hurricane sandy. >> we forget how much they lost. >> thank you. we really appreciate it. you can also contribute to the toy drive in person here on the plaza or check our website and we'll give you more info. >>> next monday, a couple of hunks will be here, michael buble and curtis stone. >> yes, yes, yes. >> and another member to our joy fit club. so much fun happening. >> see you all at "scandalous." >> yes, indeed. bye. [ crickets chirping ] [ traffic passing ] ♪ [ music box: lullaby ] [ man on tv, indistinct ] ♪ [ lullaby continues ] [ baby coos ] [ man announcing ] millions are still exposed to the dangers... of secondhand smoke... and some of them can't do anything about it. ♪ [ continues ] [ gasping ] >>> right now at 11:00, just as advertised, the bay area is hit hard by the wind and that rain. flooding flight delays and major power outages even on bay area br
we also provided about 40,000 toys to the victims of hurricane sandy. >> we forget how much they lost. >> thank you. we really appreciate it. you can also contribute to the toy drive in person here on the plaza or check our website and we'll give you more info. >>> next monday, a couple of hunks will be here, michael buble and curtis stone. >> yes, yes, yes. >> and another member to our joy fit club. so much fun happening. >> see you all at...
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superstorm sandy caused billions of dollars worth of damage. president obama promised to help but presidents of staten island, new york city are not getting it. elizabeth macdonald has been reporting from that area since sandy hit, even volunteering her time to help the recovery. we get a reaction to this in just a moment. looked at this. >> i guess you don't want to have to be. >> we are totally lost. we cannot go nowhere. i don't know what is going on here. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. but when i was in an accident... break from the holiday stress. i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. so i never missed a beat. at's health in numbers. unitedhealthcare. >> going around in circles, everyone of these people here -- >> [shouting] stuart: clearly angry residents in
superstorm sandy caused billions of dollars worth of damage. president obama promised to help but presidents of staten island, new york city are not getting it. elizabeth macdonald has been reporting from that area since sandy hit, even volunteering her time to help the recovery. we get a reaction to this in just a moment. looked at this. >> i guess you don't want to have to be. >> we are totally lost. we cannot go nowhere. i don't know what is going on here. that's right. i've...
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these numbers were thrown off by sandy. at this point i think wall street is easing into friday. chris, back to you. >> maybe they're just happy it's friday, becky. >> reporter: i am. >>> well, it didn't take long for republicans to reject the president's proposed solution to the fiscal cliff crisis. now harry reid says it's the republicans turn to put out their own plan. with me now tennessee republican congresswoman diane black who is a member of both the budget and ways and means committees. congresswoman, thank you for joining me. we had some reporting earlier that said don't expect any public counter prproposal from republicans. can i ask you why not? >> well, i think, chris, that you can just look at what we did before the election. actually the medicare is what we put the plan out for and we also have a plan out there to avert the fiscal cliff and sequestration. our plans are already there. and we're just waiting for the president to come out with a plan. everything we're hearing is so one-sided. it's all about taxes and now he's telling us he wants to spend $1.6 trillion
these numbers were thrown off by sandy. at this point i think wall street is easing into friday. chris, back to you. >> maybe they're just happy it's friday, becky. >> reporter: i am. >>> well, it didn't take long for republicans to reject the president's proposed solution to the fiscal cliff crisis. now harry reid says it's the republicans turn to put out their own plan. with me now tennessee republican congresswoman diane black who is a member of both the budget and ways...
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these are victims of superstorm sandy. why they are mad and who they are demanding answers from now. melissa: you sit there. you guys are a joke. you guys are a joke. you go home for the holidays. i don't. but you sit there with a smug smile. you know what i wish it was election, it if it was election time you would be worried about the election and not about the people. time to get up and fight for the people. [applause] , remember -- you can stay in and like something... or you can get out there and actually like something. the lexus december to remember sales event is on. this is the pursuit of perfection. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. bill: well the tempers, they certainly flared. this town hall meeting for hurricane super sandy victims in staten island, new york. that room packed with several hundred people. they all lost th
these are victims of superstorm sandy. why they are mad and who they are demanding answers from now. melissa: you sit there. you guys are a joke. you guys are a joke. you go home for the holidays. i don't. but you sit there with a smug smile. you know what i wish it was election, it if it was election time you would be worried about the election and not about the people. time to get up and fight for the people. [applause] , remember -- you can stay in and like something... or you can get out...
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. >>> in new york as much as a million dollars in wasted funds as the city recovers from superstorm sandy. "the wall street journal" reporting that scores of hotel rooms paid for with public money have been vacant for weeks. they were supposed to house residents displaced by the superstorm but those rooms are unoccupied. more than 1,000 people are still homeless a month after the storm hit the east coast. >>> and the newark, new jersey, mayor, accepted a challenge to live on food stamps has a starting date. beginning this december, tuesday, mayor cory booker, will live on just food stamps for a week. he accepted the challenge earlier in the month from one of his twitter followers. >>> an illegal drug may just hold a key to successfully treating posttramatic distress disorder. our dr. sanjay gupta has exclusive access. [ female announcer ] imagine skin so healthy, it never gets dry again. can your moisturizer do that? [ female announcer ] dermatologist recommended aveeno has an oat formula, now proven to build a moisture reserve, so skin can replenish itself. that's healthy skin for life.
. >>> in new york as much as a million dollars in wasted funds as the city recovers from superstorm sandy. "the wall street journal" reporting that scores of hotel rooms paid for with public money have been vacant for weeks. they were supposed to house residents displaced by the superstorm but those rooms are unoccupied. more than 1,000 people are still homeless a month after the storm hit the east coast. >>> and the newark, new jersey, mayor, accepted a challenge to...
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an exclusive look here at lady liberty after superstorm sandy. >> we have a packed show ahead. steny hoyer, harvard economics pro-presser ken rogoff. russell simmons, former presidential candidate jon huntsman and good samaritan larry deprimo. >> gave the boots to the homeless man. we're going to get the whole back story there. it is friday, november 30th. tgif. to you and you as well. "starting point" begins right now. >>> your elected officials trading insults, playing the blame game here as the clock is winding down on the fiscal cliff. keep in mind time is a-wasting. in 32 days now tax rates soar, spending gets slashed. oh, and don't forget, congress, yeah, they get to take a break for the holidays in 14 days. a recipe for recession. the president is pitching a plan that calls for $1.6 trillion in tax heights and $50 billion in new infrastructure spending. he'll head to a manufacturing plant in pennsylvania to push all this. republicans aren't buying in. listen to house speaker john boehner's reaction. >> despite the claims that the president supports a balanced approach, t
an exclusive look here at lady liberty after superstorm sandy. >> we have a packed show ahead. steny hoyer, harvard economics pro-presser ken rogoff. russell simmons, former presidential candidate jon huntsman and good samaritan larry deprimo. >> gave the boots to the homeless man. we're going to get the whole back story there. it is friday, november 30th. tgif. to you and you as well. "starting point" begins right now. >>> your elected officials trading insults,...
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it turns out that we know not just hurricane sandy. it was a pretty big season. jack bevins is with the hurricane watch service, national hurricane center. thank you. >> we are expecting a fairly active year. it may have been in terms of the named storms a little bit more active than what we were expecting. >> and he gives us the full court. >> we get 19 main storms during the year 10 of which became hurricanes. at the present time, we know that one of these hurricanes is actually a major hurricane, category 3 or higher. >> bill: you know what's funny? i don't remember, the only one i remember is sandy. right? but 19 of them this year. have you seen more that could be related to global warming. >> the scientists tell us that there is going to be an increase because of global warming in the number and in the severity of hurricanes. now, we can't look at one hurricane event and say, this is a result of climate change, but what you can absolutely demonstrate is that climate change and global warming is leading to more hurricanes action more severe storms and as a re
it turns out that we know not just hurricane sandy. it was a pretty big season. jack bevins is with the hurricane watch service, national hurricane center. thank you. >> we are expecting a fairly active year. it may have been in terms of the named storms a little bit more active than what we were expecting. >> and he gives us the full court. >> we get 19 main storms during the year 10 of which became hurricanes. at the present time, we know that one of these hurricanes is...
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the victims of super storm sandy are giving fema a real piece of their mind. listen to this. >>> you think this is a joke? >> we will go live to staten island. that is the scene of last night's heated town hall. that's coming up next. >> does it sound familiar, you are always checking your cell phone for the next text message? is it because your phone is contagious. ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, children laughing ] move to the country, d live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >> here's a quick look at headlines this morning. members of the senate voting yesterday to speed up troop withdrawal from afghanistan. president obama s
the victims of super storm sandy are giving fema a real piece of their mind. listen to this. >>> you think this is a joke? >> we will go live to staten island. that is the scene of last night's heated town hall. that's coming up next. >> does it sound familiar, you are always checking your cell phone for the next text message? is it because your phone is contagious. ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love,...
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when sandy hit, everybody lost power. the reason everything else is dark is because of the infrastructure. usually the island has all these flood lights. you can just see lady liberty there. 12 feet of storm surge down in lower manhattan, think about what that was with lady liberty by her lonesome. >> another neat thing is that lady liberty got sandblasted. when you have an opportunity to look at her, her green is different on her belly than on the top of her. >> really? >> yeah, take a look at that. she got sandblasted and cleaned in the process. there are bright spots. the people working on this, this is their passion, this is their love. they are going to do a great job. it will be open again. >> 27 minutes after the hour. mom and pop shops all over the country hanging on washington's every single move. coming up, a closer look at the fiscal cliff and how it could affect small businesses. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and
when sandy hit, everybody lost power. the reason everything else is dark is because of the infrastructure. usually the island has all these flood lights. you can just see lady liberty there. 12 feet of storm surge down in lower manhattan, think about what that was with lady liberty by her lonesome. >> another neat thing is that lady liberty got sandblasted. when you have an opportunity to look at her, her green is different on her belly than on the top of her. >> really? >>...
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as expected, initial unemployment claims surged after hurricane sandy devastated parts of the northeast. but today's numbers, from the department of labor, show the second straight week of decline. evidence of steady improvement in the labor market. the good news keeps on coming. the commerce department reports economic growth of the third quarter was actually better than first reported. the initial estimate had a gdp growth of just 2%. this morning the commerce department revised its estimates to show growth of 2.7%. that's the best gdp figure since the end of 2011 and the second best of the last three years. so things are looking up. president obama has an improving economy on his hands in spite of all the do-nothing congress that's going on in washington. anyone who still thinks that the term "do-nothing congress" is just a little too harsh, take a look at this. 906 bills were passed from january 1947 through december of 1948. by the body that president harry truman listed and labeled as the do-nothing congress. the current congress with one month to go has passed 196 bills. by far t
as expected, initial unemployment claims surged after hurricane sandy devastated parts of the northeast. but today's numbers, from the department of labor, show the second straight week of decline. evidence of steady improvement in the labor market. the good news keeps on coming. the commerce department reports economic growth of the third quarter was actually better than first reported. the initial estimate had a gdp growth of just 2%. this morning the commerce department revised its estimates...
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suarez: you can find more and the reach out and read program lost thousands of books after hurricane sandy last month. >> brown: finally tonight, the college football season is reaching a climax of rivalries and conference championship games and its basketball season is now underway. but much of the action in college sports these days is away from the field or the court, as schools change affiliations and leagues. in the last 18 months some 30 colleges have made moves. among the most prominent, the university of louisville's departure from the big east to join the atlantic coast conference or a.c.c. and two eastern schools headed to the big ten, traditionally a midwest-based conference: the university of maryland is leaving the a.c.c. and rutgers is departing from the big east. what's going on? sportswriter and author john feinstein joins me now. john, first of all, for the uninitiated, explain the role of these conferences traditionally. how do they work and how do they divide up the college world? >> well, jeff, conferences were designed initially to take schools that were together geogr
suarez: you can find more and the reach out and read program lost thousands of books after hurricane sandy last month. >> brown: finally tonight, the college football season is reaching a climax of rivalries and conference championship games and its basketball season is now underway. but much of the action in college sports these days is away from the field or the court, as schools change affiliations and leagues. in the last 18 months some 30 colleges have made moves. among the most...
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the impact super-storm sandy has had on the job market seems to be dissipating. 23,000 fewer americans filed for first-time unemployment benefits during thanksgiving week compared to a week earlier. the total was 393,000. it had jumped to over 400,000 in the weeks following the storm. still, we saw just modest gains on wall street today-- the dow rose 36 points, the nasdaq was up 20, and the s&p 500 added six. >> tom: the roster of companies announcing special one-time paydays for their shareholders continued growing today. taxes on stock dividends are currently set at 15%. but with no deal on the fiscal cliff, dividends will be taxed like regular income, meaning they could go up to over 40% for some high-income households. we spoke with larry mendelson, the chairman and c.e.o. at avionics gear maker heico, which announced its own special dividend this week. larry, thank you for joining us, we appreciate it. what role did the fiscal cliff play in heico decision to paid fiscal dividend. >> i think the fiscal cliff was very important. and moreover the threat to increase taxes in 2013, ta
the impact super-storm sandy has had on the job market seems to be dissipating. 23,000 fewer americans filed for first-time unemployment benefits during thanksgiving week compared to a week earlier. the total was 393,000. it had jumped to over 400,000 in the weeks following the storm. still, we saw just modest gains on wall street today-- the dow rose 36 points, the nasdaq was up 20, and the s&p 500 added six. >> tom: the roster of companies announcing special one-time paydays for...
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Nov 30, 2012
11/12
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and they believe just an incremental rise in the ocean levels made the damage worse when hurricane sandy hit the east coast and took so much away from us. the big question is the future, of course, and a new kind of normal for all of those living along the water. it is where we begin tonight, our chief environmental affairs correspondent, anne thompson has more on what we learned. >> reporter: well, the information comes from a group of international scientists, brian and shows we're living climate changes in real time. this july was the warmest month on record. and tonight, there is new information that reveals just how fast the world's ice sheets are melting. the numbers are staggering. 344 billion metric tons of ice melting in antarctica and greenland a year. the weight of more than a million empire state buildings, the information was published in the journal, from researchers who looked at the data gathered over the last 20 years. creating what they say is the most accurate picture of melting. in antarctica, the east region is gaining ice, but it is not enough to make up for the los
and they believe just an incremental rise in the ocean levels made the damage worse when hurricane sandy hit the east coast and took so much away from us. the big question is the future, of course, and a new kind of normal for all of those living along the water. it is where we begin tonight, our chief environmental affairs correspondent, anne thompson has more on what we learned. >> reporter: well, the information comes from a group of international scientists, brian and shows we're...
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Nov 29, 2012
11/12
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fewer americans filing first-time applications for unemployment benefits as hurricane sandy had the labor market and continues to subside a bit. weekly jobless claims fell by 20,000, seasonally adjusted 393,000. prior week's total was revised to 416,000. the hurricane play a role from 410,000. u.s. gdp grew at a revised 2.7% in the third quarter above the initial estimate of 2% reported last month. the commerce department attributes last quarter's increase to gains in private inventory investment and federal government spending so got to take that in mind and a decline in imports didn't help that number. liz: a crazy day in the pits of the cme. we have tim mulholland standing by, tom is a 1-act telling why it is time to shift away from -- release save names and diving in, and the dour is headed higher. he calls a day of 14,000, we will tell when he expects it to hit but let's start with him at the cme. you have john boehner, speaker of the house coming out at 11:00 eastern saying no substantive changes or developments after meeting with the treasury secretary and many had harry reid sayin
fewer americans filing first-time applications for unemployment benefits as hurricane sandy had the labor market and continues to subside a bit. weekly jobless claims fell by 20,000, seasonally adjusted 393,000. prior week's total was revised to 416,000. the hurricane play a role from 410,000. u.s. gdp grew at a revised 2.7% in the third quarter above the initial estimate of 2% reported last month. the commerce department attributes last quarter's increase to gains in private inventory...
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Nov 29, 2012
11/12
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hurricane sandy devastated a lot of families in our hearts go out to them. a lot are coming back, during the holiday shopping in november and hopefully into december. liz: i actually went and i actually bought stuff. is this old stuff, and the breaking news comes when they are expanding at a pretty decent bid read closer to the d.c. area, is it real demand for a oa land grab? >> because of the strength of the balance sheet, it allows us to expand rapidly when times are more difficult and other people can't get financing. it is a world-class development, only 8 miles from the washington monument. the closest retail that we can develop to the washington, d.c. we expect to get as many as the 15 million coming to washington and another 50 million or so coming today to visit the gaylord hotel, the many restaurants and attractions already at national harbor. liz: people are driving to see the tourist attractions and we stopped to see you. a joint venture with simon properties. a competitor in certain realms. why are you doing that? >> we have two sites were announ
hurricane sandy devastated a lot of families in our hearts go out to them. a lot are coming back, during the holiday shopping in november and hopefully into december. liz: i actually went and i actually bought stuff. is this old stuff, and the breaking news comes when they are expanding at a pretty decent bid read closer to the d.c. area, is it real demand for a oa land grab? >> because of the strength of the balance sheet, it allows us to expand rapidly when times are more difficult and...
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Nov 29, 2012
11/12
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delivered the keynote address for the republican convention, governor christie, together on superstorm sandy. that's what they want more of. i think members of congress -- >> there's no chris christie in washington. michael, there's no chris christie that's circling around washington, d.c., right now that actually needs something from the president. christie needed stuff from the president and fema and wanted it directly to get to his people. of course they're going to play nice. >> i would like to think, though, the president was elected with a mandate. i can't say that. he doesn't control the house. he didn't have the house before. he doesn't have the house now. so compromise has got to be the word of the day. i think that that's what the constituents of these members most want. >> all right. zachary, senator durbin says he could see $400 billion in entitlement cuts. democratic aides telling politico most of it is going to come from medicare in part by raising the retirement age. a move that more than two-thirds of americans oppose. that's according to the latest "washington post" poll. th
delivered the keynote address for the republican convention, governor christie, together on superstorm sandy. that's what they want more of. i think members of congress -- >> there's no chris christie in washington. michael, there's no chris christie that's circling around washington, d.c., right now that actually needs something from the president. christie needed stuff from the president and fema and wanted it directly to get to his people. of course they're going to play nice. >>...
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Nov 29, 2012
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you've had hurricane sandy, you've had the re-election of barack obama, and you have people realizing that not only is it their second amendment right, but they may be in a situation where they need a firearm to protect themselves. and they're coming to that realization, and it's just caused an uptick and a spike, and last friday, you know, on black friday it was through the roof. >> reporter: according to gallup, 43% of women surveyed last year reported owning a gun which is a new high. the nra reports that over the last four o or five years there's been an exponential increase in women participating in safety classes, licensing programs and women-only hunting programs. some women feel safer just knowing how to use guns. >> i felt like if we were going to have guns in the home, that i should know how the handle them, know if it's loaded, you know? i mean, there's going to be guns in the house, i can't have something that i'm afraid of and don't know what to -- you know, it's dangerous. so i took a class, and i found that i really enjoyed it. >> reporter: and she even knows a few of h
you've had hurricane sandy, you've had the re-election of barack obama, and you have people realizing that not only is it their second amendment right, but they may be in a situation where they need a firearm to protect themselves. and they're coming to that realization, and it's just caused an uptick and a spike, and last friday, you know, on black friday it was through the roof. >> reporter: according to gallup, 43% of women surveyed last year reported owning a gun which is a new high....
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Nov 29, 2012
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noting hurricane sandy, macy's same-store sales fell, also mentioned sandy as well. kohl's down 10%. lori: thank you, nicole. an upward revision appeared tonight, but our next guest expects growth to decline for the fourth quarter. deutsche bank security nominee with his outlook for next year, and if we get to it, some expectations on continued stimulus which we heard this week as well. this was the second print out of three on third-quarter gross domestic product. looks like a nice upward provision. about 2%, but if you look under the hood there are some serious problems and i will let you start there. >> a little bit of fine print. consumer spending was revised lower, business investment in equipment and software. for the upward revision was due to a lot more inventory being accumulated last quarter, partly due to a faster pace of economic activity. not the strengthening in the number we would like to see. lori: does it suggest go to the softening consumer picture, people are not buying stuff simply put question marks >> there is a wait-and-see attitude. not only f
noting hurricane sandy, macy's same-store sales fell, also mentioned sandy as well. kohl's down 10%. lori: thank you, nicole. an upward revision appeared tonight, but our next guest expects growth to decline for the fourth quarter. deutsche bank security nominee with his outlook for next year, and if we get to it, some expectations on continued stimulus which we heard this week as well. this was the second print out of three on third-quarter gross domestic product. looks like a nice upward...
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Nov 29, 2012
11/12
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hurricane sandy was directly in his district so he made some comments about it. he said that the damage was worse than first anticipated. that's something we've been talking a lot about. original number was $50 billion. it's in the $70 billion to $90 billion range. it is probably going to shave a quarter to half a point off gdp. you talked about the fiscal cliff which he says congress and the president must address. he says because we're at the zero balance, interest rates were zero, the effect of the fiscal cliff is getting much worse than if the fed were not at zero. >> because they could do something. >> the only positive thing which dudley did not talk about but it is something that's on the radar is that, as the fiscal cliff fears rise, interest rates fall on the 10-year. so the effect the fed would have from easing is already in -- already happening as a market reaction. >> steve, thank you. >>> when jeff kilburg is not fired up about the irish he is fired up about what mr. dudley said today. why? >> absolutely. he came out with very dovish comments. he las
hurricane sandy was directly in his district so he made some comments about it. he said that the damage was worse than first anticipated. that's something we've been talking a lot about. original number was $50 billion. it's in the $70 billion to $90 billion range. it is probably going to shave a quarter to half a point off gdp. you talked about the fiscal cliff which he says congress and the president must address. he says because we're at the zero balance, interest rates were zero, the effect...
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Nov 29, 2012
11/12
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>> i think hurricane sandy had an impact in the first week, ten days in the northeast. when you speak to kohl's they were weak across the country. you could say it's part of the election results. i think there are just issues that are there. i think it was just disappointing. fw again, it's a long holiday season. the hope is, and hope and prayer is you're going to have a better december. i think some of them will. what you want to look at, even though the department stores were all negative today, a lot of the apparel retailers were positive. 5%, 10%. that's a positive sign. >> quick comment on tiffany. huge miss. stock's a mess. is this company specific or is it luxury that we need to watch out for? >> i think it's, "a," it's company specific. i think it's luxury you want to watch. if any consumer is watching this fiscal cliff, it's really the luxury customers. it's not the american eagle customers. the american eagle customers think fiscal cliff is really a rock climbing event. >> steve, good to have you on the show as always. >> thanks a lot. >> murph, what do you do
>> i think hurricane sandy had an impact in the first week, ten days in the northeast. when you speak to kohl's they were weak across the country. you could say it's part of the election results. i think there are just issues that are there. i think it was just disappointing. fw again, it's a long holiday season. the hope is, and hope and prayer is you're going to have a better december. i think some of them will. what you want to look at, even though the department stores were all...
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Nov 29, 2012
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you had hurricane sandy. you had re-election of barack obama. you have people realizing not only is it their second amendment right but they may be in a situation where they need a firearm to protect themselves. they're coming to the realization. it is just caused up tick and a spike. last friday on black friday it was through the roof. >> reporter: according to gallup 43% of women surveyed last year report owning a gun which is a new high. the nra is reporting that over the last four or five years there has been exponential increase in women participating in safety programs and licensing programs and hunting programs. women feel safer knowing how to use guns. i can tell you some of the gun shop manufacturers are starting to market more toward women. you see the pink series what i'm wearing here and the long rifles and some are for breast cancer awareness. jon, back to you. jon: anna koiman live at a gun range in new jersey. interesting. anna, thank you. jenna: a new washington guessing game shaping up over who will replace outgoing secretary of
you had hurricane sandy. you had re-election of barack obama. you have people realizing not only is it their second amendment right but they may be in a situation where they need a firearm to protect themselves. they're coming to the realization. it is just caused up tick and a spike. last friday on black friday it was through the roof. >> reporter: according to gallup 43% of women surveyed last year report owning a gun which is a new high. the nra is reporting that over the last four or...
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Nov 29, 2012
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dennis: blamed superstorm sandy. retailers playing the blame game for week november same store sales. analysts already asking what it really the storm or the economy did pull those numbers down? cheryl: we are watching a power ball conference this hour with more details expected on the two winners of the $580 million record jackpot from missouri and arizona. of gone home to buy my ticket. dennis: stocks every 15 minutes, nicole petallides, for the stock exchange where stocks the suddenly lower on more cliffphobia. nicole: i can say in the wall street traders saying every headline out of washington moving this market, fiscal cliff phobia is a good way to say it, whatever you want to call it we have seen so many dramatic moves in the market, a particular companies making moves in preparation or all been wary about the fiscal cliff, let's see where we are, talking about a dollar jumping, positive for the weekend all up arrows and a great day on wall street after yesterday when tim geithner was sounded more optimistic an
dennis: blamed superstorm sandy. retailers playing the blame game for week november same store sales. analysts already asking what it really the storm or the economy did pull those numbers down? cheryl: we are watching a power ball conference this hour with more details expected on the two winners of the $580 million record jackpot from missouri and arizona. of gone home to buy my ticket. dennis: stocks every 15 minutes, nicole petallides, for the stock exchange where stocks the suddenly lower...
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Nov 29, 2012
11/12
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speaker, mitt romney weathered a storm of criticism late in the campaign after hurricane sandy for his earlier comments about privatizing fema and turning responsibility back to state and local governments. but during an era of fiscal restraint and global warming, it's high time that we start this conversation in earnest. how big do you want your fema to be? how generous your disaster relief payments and how much do you want to pay for it? in today's "new york times" op-ed section, there's an article that points out potential liability for flood insurance alone is $1.25 trillion. second only to the liability for social security. right now we have arguably the worst of both worlds. the federal government responds to disaster usually paying too much for the wrong people to do the wrong things. we provide federal money to put people back in harm's way and sometimes provide infrastructure to make future risky development worse. we often take remedial action, like for theifying beaches, a temporary solution, that can actually accelerate erosion elsewhere, shift storm damage down the coast t
speaker, mitt romney weathered a storm of criticism late in the campaign after hurricane sandy for his earlier comments about privatizing fema and turning responsibility back to state and local governments. but during an era of fiscal restraint and global warming, it's high time that we start this conversation in earnest. how big do you want your fema to be? how generous your disaster relief payments and how much do you want to pay for it? in today's "new york times" op-ed section,...
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Nov 29, 2012
11/12
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a rainbow made of lasers, serving as tribute to the victims of hurricane sandy. the seven colors beaming from manhattan, all the way to hard-hit queens. >> it's beautiful. >> created by the same artist behind the laser light show at the london olympics. she says she wanted to offer a sense of peace and security, for those still struggling after the storm. it's good to remember, there's still so many struggling. >> they are not forgotten. >>> we're going to turn to warren jeffs, the polygamous sect leader in prison for his marriages to two underaged girls. officials in texas are now taking steps to seize the huge texas ranch where they say he committed the crimes. abc's neal karlinsky has the story. >> reporter: it was a once-gleaming symbol of a bizarre hidden world. a texas compound where authorities say warren jeffs could make polygamy the law of the land. this morning, authorities want that land. the 1,600 acres that make up the yearning for zion ranch. in a 91-page court filing, officials say jeffs designed the compound for the purpose of facilitating and per
a rainbow made of lasers, serving as tribute to the victims of hurricane sandy. the seven colors beaming from manhattan, all the way to hard-hit queens. >> it's beautiful. >> created by the same artist behind the laser light show at the london olympics. she says she wanted to offer a sense of peace and security, for those still struggling after the storm. it's good to remember, there's still so many struggling. >> they are not forgotten. >>> we're going to turn to...
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Nov 29, 2012
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the weekly jobless claims which have some sandy issues involved or the fiscal cliff talks? >> definitely the fiscal cliff. what you were talking about yesterday, boehner's comments really turned things around for the markets, all this sense of optimism all of a sudden. we saw the markets go from down triple digits for the dow up to triple digits. we haven't seen a swing like that since over a year ago. it's been october of 2011 was the last time it happened. it's definitely the fiscal cliff driving things. we heard commentary from lloyd blankfein, between that and the lead story -- one of the top stories on the front page of the "wall street journal" suggesting the president is flexible on the tax hikes, that sounds like a deal might get done. you see a gain of 50 or 60 points. gdp up 2.7% from 2%. there was concerning things when you dig into the numbers, it's all fiscal cliff all the time here, chuck. >> oh, hopefully, as you guys say, it will all -- people will rise above, right, becky? >> that's right. >> i know. i see the button. up next, we're taking a deep dive into
the weekly jobless claims which have some sandy issues involved or the fiscal cliff talks? >> definitely the fiscal cliff. what you were talking about yesterday, boehner's comments really turned things around for the markets, all this sense of optimism all of a sudden. we saw the markets go from down triple digits for the dow up to triple digits. we haven't seen a swing like that since over a year ago. it's been october of 2011 was the last time it happened. it's definitely the fiscal...
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Nov 29, 2012
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i called sandy, just so sandy fans, i got the erstimate from y beach property and i was lucky. one house stands, the other goes down. >> tools you need to climb the market's rocky terrain. the mad dash is coming up next. and is austerity measures the way to close the deficit. i'm only in my 60's... i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral. see why mil
i called sandy, just so sandy fans, i got the erstimate from y beach property and i was lucky. one house stands, the other goes down. >> tools you need to climb the market's rocky terrain. the mad dash is coming up next. and is austerity measures the way to close the deficit. i'm only in my 60's... i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible...
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Nov 29, 2012
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>> definitely super storm sandy. i would drive into a tornado any day. we're building a third vehicle. >> brian: how much would to cost right now? >> for the dom? it runs low right now. >> steve: we're going to continue the conversation with him in the after the show show. see you back here tomorrow. so long, everybody. >> it's time for the president and democrats to get serious about the spending problem that our country has. bill: peter doocy is live, was there movement overnight? >> it sounds like things might be stuck. a senior administration official told us that president obama and john boehner had a phone wallace night and politico was reporting that the phone call was curt. they said on the call john boehner told the president to leave the tax cuts for the rich alone. the president says he doesn't want to do that. he's going to stick with his plan to raise $1.6 billion in revenue and if republicans have something better they should be specific now. eric cantor said republicans are already going further than they did in the same spot in 2010. >> w
>> definitely super storm sandy. i would drive into a tornado any day. we're building a third vehicle. >> brian: how much would to cost right now? >> for the dom? it runs low right now. >> steve: we're going to continue the conversation with him in the after the show show. see you back here tomorrow. so long, everybody. >> it's time for the president and democrats to get serious about the spending problem that our country has. bill: peter doocy is live, was there...
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Nov 29, 2012
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this after hurricane co sandy drove applications higher in the month. reports that the u.s. economy has been growing at a faster rate than had been estimated earlier. 2.7% annual rate from july through september. economists believe growth is slowing to a rate below 2% because of disruptions in the superstar and worries about tax increases and spending cuts -- disruptions from the super storm and worries about tax increases and spending cuts. speaker boehner once the president to move of his position on rates. the president will not move. the president keeps saying he has laid what republicans call his $1.60 trillion revenue plan on the table. if the speaker boehner has the alternative, he should say it rather than talking about non- specific revenues entitlement cuts. an update on hostess. the company will ask a bankruptcy judge for permission to give its top executives bonuses totaling up to $1.8 million today. the company says the incentive pay is needed to repay 19 managers during the liquidation process. and they could earn more, depending on how well the carry out their
this after hurricane co sandy drove applications higher in the month. reports that the u.s. economy has been growing at a faster rate than had been estimated earlier. 2.7% annual rate from july through september. economists believe growth is slowing to a rate below 2% because of disruptions in the superstar and worries about tax increases and spending cuts -- disruptions from the super storm and worries about tax increases and spending cuts. speaker boehner once the president to move of his...
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Nov 29, 2012
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. >> tom, right after sandy, a couple weeks ago or three weeks eeg y ago you were talking about sandy being twice the size of katrina but the wind speeds weren't as much and it wasn't going to affect all state. did you see christie and cuomo? are those real numbers? is that what they'd like to see from the feds or is it worse than what you thought on november 1st? itz's worse than what we thought out. it will cost us 1 billion 75 doll lars. it is a significant event. it's significant flooding. that's not typically konked by us but by the government if you buy their policy. unfortunately very few people buy coverage. so unfort flatly there's a bunch of people whose homes got wrecked and that's what cuomo and christie are seeking. our government has a hit of going back to the state and saying, sorry you didn't buy insurance, here's some money and they'll do it again. they're trying to negotiate as to how much they get. >> allstate's ceo tom wilson. we appreciate your time. >> thank you. >>> when we return, we'll have gene ludwig. he will be our special guest. also at the bottom of the h
. >> tom, right after sandy, a couple weeks ago or three weeks eeg y ago you were talking about sandy being twice the size of katrina but the wind speeds weren't as much and it wasn't going to affect all state. did you see christie and cuomo? are those real numbers? is that what they'd like to see from the feds or is it worse than what you thought on november 1st? itz's worse than what we thought out. it will cost us 1 billion 75 doll lars. it is a significant event. it's significant...
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there is a sandy rainbow. that is a three day laser show. 7 beams are pointed in the hardest hit areas including staten island and the rock away and queens . what a great idea. >> steve: very nice. we have headlines. >> brian: how do you know. >> steve: it is in the teler. a man in ohio getting the mooks mum punishment for bullying a young girl with cerebral palsy. he was recorded on cell phone video making fun of how the 10 year old walks. >> any time she sees him out of the window. and he's still does the intimidation not to the full extent but he does it. >> steve: that's not good. >> he apologized to the family. >> brian: mark your calendar. casey anthony made for tv movie. it is imperfect justice . it will be told mostly through the eyes of the lawyers in the case. actress virgia welch is cast to play anthony. we are told that she makes only a few brief appearances in the film. >> gretchen: i wonder if they will do that google search for pool proof strangulation . 85 percent of all couches conain toxic ch
there is a sandy rainbow. that is a three day laser show. 7 beams are pointed in the hardest hit areas including staten island and the rock away and queens . what a great idea. >> steve: very nice. we have headlines. >> brian: how do you know. >> steve: it is in the teler. a man in ohio getting the mooks mum punishment for bullying a young girl with cerebral palsy. he was recorded on cell phone video making fun of how the 10 year old walks. >> any time she sees him out...
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but we still don't know the impact of sandy. let's face it, you guys have been talking about it all day. it seems that john boehner smiles and people buy a million shares of ibm right now. yesterday we were down about 100 points before boehner came out and spoke. i know on "morning joe" you talked about maybe he's a little less optimistic. mabel the phone conversation with obama was a little more terse. we went from being down 100 to up 100. we haven't had that kind of swing in over a year. we are laser focused on d.c. and those negotiations as usual. >> brian brings up 2.7 number, steve rattner. i guess you look at the numbers and you compare them to where we were at points in the '80s, the '90s, even 2004, 2005. it may not look good. compare that number to the rest of the world, suddenly the u.s. economy is looking pretty damn good by comparison to other countries. >> it actually feels like the economy is gathering steam. these kind of revisions help you feel that way. sandy is an aberration in the unemployment numbers as bria
but we still don't know the impact of sandy. let's face it, you guys have been talking about it all day. it seems that john boehner smiles and people buy a million shares of ibm right now. yesterday we were down about 100 points before boehner came out and spoke. i know on "morning joe" you talked about maybe he's a little less optimistic. mabel the phone conversation with obama was a little more terse. we went from being down 100 to up 100. we haven't had that kind of swing in over a...
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you have the housing market against that manufacturing and superstorm sandy. interesting stats expected out of the auto sectors. this could be good news. we think there may ab a pace of somewhere in the region of 15.2 million cars sold in november. the fact is that americans got very old fleet of cars. the average age of car now is 11 years old. it's 20% of the cars on the road are 16 years old. maybe renewing the cars is a big factor. great numbers for abercrombie and fitch, the shares are up 15%. this is a very well received set of numbers. >> you mentioned the abercrombie stuff. others are not doing well. i think i have figured out the differences between the two clothing companies. maybe it's the marketing campaign that is struggling. here's the classic abercrombie campaign. enough said. and here is aeropostale. buy your stock appropriately. thanks, steve. >>> as always, shoot us an e-mail and let us know why you're awake or text the word awake to 622639. waited so long for. that we'll read the best responses later in the show. still ahead on "way too earl
you have the housing market against that manufacturing and superstorm sandy. interesting stats expected out of the auto sectors. this could be good news. we think there may ab a pace of somewhere in the region of 15.2 million cars sold in november. the fact is that americans got very old fleet of cars. the average age of car now is 11 years old. it's 20% of the cars on the road are 16 years old. maybe renewing the cars is a big factor. great numbers for abercrombie and fitch, the shares are up...
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of the rockefeller center christmas tree, an 80-foot norway spruce that made it through superstorm sandy. 30,000 lights later t is serving as a powerful symbol. >>> time for your early reads, your local news making national headlines. the "new york times" reporting on a city cop who is now an internet hero. that is officer lawrence petrino leaning down to put a new pair of boots on a homeless man. the officer purchased them at a nearby shoe store after he realized the homeless man was barefoot and blistered. a passerby took the photo and mailed it to the new york police department who posted it on its facebook. the officer says he keeps the receipt for the boots in his vest to remind himself that sometimes other people have it worse than he does. >> i would like to meet that man. incredible. >>> in michigan there is no place for sexy at school. that's the reason why high school principal joe lynn clark gives for taking on teens in tights. earlier this month she sent a message to teens and their parents saying leggings are not pants and could violate dress codes. she also asked girls to t
of the rockefeller center christmas tree, an 80-foot norway spruce that made it through superstorm sandy. 30,000 lights later t is serving as a powerful symbol. >>> time for your early reads, your local news making national headlines. the "new york times" reporting on a city cop who is now an internet hero. that is officer lawrence petrino leaning down to put a new pair of boots on a homeless man. the officer purchased them at a nearby shoe store after he realized the...
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any sense anecdotally or your sense of store traffic as to what sandy's impact was? >> i think it was a drag for most retailers. we heard from kohl's sax, that it was a drag. also the tiffany flagship store represents about 8% of overall sales. so expect to hear the sandy excuse certainly as same store sales roll out and as well from tiffany. >> especially in a year when you expect the push pushes them into the black for the year, actually all the discounting really starting to hurt retailers' bottom lines? >> that's the question. this year discounts were so heavy. so is black friday really turning in to red friday. typically it signifies the beginning of when retailers start making money. but you saw that the promotions were crazy. there were televisions at best buy for under $200. that was a 50% discount. walmart was guaranteeing in stock on ipad 2s giving away a $75 gift certificate. so the question is are they just giving away sales here. >> and that will be something to watch when we he get those figures, too, whether it reflects discounting as much as it does v
any sense anecdotally or your sense of store traffic as to what sandy's impact was? >> i think it was a drag for most retailers. we heard from kohl's sax, that it was a drag. also the tiffany flagship store represents about 8% of overall sales. so expect to hear the sandy excuse certainly as same store sales roll out and as well from tiffany. >> especially in a year when you expect the push pushes them into the black for the year, actually all the discounting really starting to hurt...